You got a good find. If it was in .308 cal it would be VERY similar to the very first .308 sniper rifles that were bought over the counter in stores and sent to RVN for the first sniper teams in the VietNam War. I always liked these older Rem 700s for the style and look.

I just bought a 'look alike' rifle in .308. Its a Ruger .308 with hvy barrel and wood stock form 70's but the scope will need ot be changed to the Redfield AccuRange that the mil ALSO bought over the counter and sent to RVN.

It has class, style, and history, and best of all NO PLASTIC! Leave er as is and see if she shoots. If not then mess with it. If so, youve got a genuinely nice, classic rifle.
+1 with Trueblue.
This kinda goes against the norm for long range builds, but I am fan of the classic look. I like the old school look and feel of Rifles and pistols. Id go with an aluminum bedded real wood(not laminated) stock if I was not happy with the origional or coulndt make it shoot. I understand tupperwear has its place in building an accurate toy, and some of it even looks neat on some rifles, but Im still a fan of the classic look. Someone would probably pay a pretty pennie for that piece. So if it needs changed make some $ off of it and give it a good home. JMO
Nice Rifle congrats.

I went and shot it a few days ago and it shoots decent. I just threw some loads together and it shot 3/4" groups. I think it I float the barrel and dink around with the loads it will end up shooting very well

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My family and I welcome you. I started LRH back in 2001 to provide a friendly place where like-minded individuals could share information and ideas to help take their long range shooting and hunting to the next level.